Spring Lake, NC housing market
The typical Spring Lake home is worth about $259,000, about the same as a year ago, 23% below the North Carolina typical home.
Home values, sales, trends and how Spring Lake compares with the towns next door — updated as new data is published.
Spring Lake at a glance
Only 4 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Spring Lake | North Carolina |
|---|---|---|
| 2017 | $146,000 | $179,000 |
| 2018 | $152,000 | $190,000 |
| 2019 | $155,000 | $203,000 |
| 2020 | $165,000 | $215,000 |
| 2021 | $180,000 | $242,000 |
| 2022 | $204,000 | $287,000 |
| 2023 | $234,000 | $320,000 |
| 2024 | $249,000 | $332,000 |
| 2025 | $260,000 | $338,000 |
| 2026 | $261,000 | $336,000 |
| August 2026 | $259,000 | $335,000 |
34 new homes permitted in 2025
Builders were permitted 34 new homes in Spring Lake in 2025: 18 single-family houses and 16 in buildings with two or more homes, worth about $7.5 million to build. That's 2.9 per 1,000 residents, slower than across North Carolina (11). Over the past 10 years, Spring Lake has permitted 167 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Spring Lake's population fell by 304 even though 691 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across North Carolina: 1.7 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 75 | 20 | 55 | $13.8 million |
| 2025 | 34 | 18 | 16 | $7.5 million |
| 2024 | 67 | 33 | 34 | $9.3 million |
| 2023 | 46 | 16 | 30 | $5.6 million |
| 2022 | 1 | 1 | 0 | $373,000 |
| 2021 | 5 | 5 | 0 | $715,000 |
| 2020 | 3 | 3 | 0 | $474,000 |
| 2019 | 5 | 5 | 0 | $965,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 4 | 4 | 0 | $474,000 |
| 2016 | 2 | 2 | 0 | $199,000 |
| 2015 | 6 | 6 | 0 | $609,000 |
| 2014 | 5 | 5 | 0 | $554,000 |
| 2013 | 19 | 2 | 17 | $1.1 million |
| 2012 | 24 | 0 | 24 | $3.2 million |
| 2011 | 50 | 2 | 48 | $5.6 million |
| 2010 | 576 | 0 | 576 | $36.2 million |
| 2009 | 205 | 1 | 204 | $22.3 million |
| 2008 | 104 | 8 | 96 | $4.6 million |
| 2007 | 16 | 16 | 0 | $1.5 million |
| 2006 | 11 | 11 | 0 | $1.2 million |
| 2005 | 14 | 14 | 0 | $2.5 million |
| 2004 | 138 | 6 | 132 | $17.4 million |
| 2003 | 21 | 9 | 12 | $1.4 million |
| 2002 | 64 | 4 | 60 | $3.4 million |
| 2001 | 49 | 5 | 44 | $2.6 million |
| 2000 | 74 | 2 | 72 | $3.4 million |
Spring Lake's permit office reported 11 of 12 months in 2025; the Census estimated the rest.
How Spring Lake ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Spring Lake and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Spring Lake | $259K | +0.2% | $1,220 | 34 | $51,958 |
| Fayetteville | $224K | +0.3% | $1,300 | 1,047 | $58,407 |
5 years of income
The typical Spring Lake home costs about 5 years of the town's median household income, more than across North Carolina (4.6 years).
How Spring Lake ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,220
HUD's Fair Market Rent for a two-bedroom in Spring Lake is $1,220 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Spring Lake pay a median of $1,351. A two-bedroom takes about 28% of the town's median household income.
Studio $1,040 · 4 bedrooms $2,040
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (28307, 28308, 28310, 28390; Fayetteville, NC HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.